50 percent export from only 4 goods, products worth Rs 19 lakh crore in a year

New Delhi. India is growing rapidly in terms of exports and the total exports in the last financial year have been more than $ 437 billion. But, you will be surprised to know that 50 percent of this figure has only 4 products. This means that India sells about 19 lakh crore rupees every year from only 4 products. This is the reason why India’s emphasis is increasing rapidly on the production of these products. Looking at the data of the Ministry of Commerce, it is found that the total share of agriculture, medicine, electronic and engineering goods in the financial year 2024-25 in the country’s goods exports has been more than 50 per cent. This reflects the growing strength of the country in diverse areas amid efforts to promote manufacturing and value -added exports. This means that India’s dominance in the manufacturing sector is increasing rapidly. According to the data released by which product of which product, engineering goods stake in India’s 437.42 billion exports in financial year 2024-25 were 26.67 per cent. The contribution of agriculture, medicine and electronic goods was 11.85 percent, 6.96 percent and 8.82 percent respectively. The electronic goods sector recorded the highest export growth of 32.46 per cent, which increased from US $ 29.12 billion in 2023-24 to $ 38.58 billion in FY 2024-25. This financial year was $ 23.6 billion in 2022-23 and $ 15.7 billion in 2021-22. Exports of Hardware, which is increasing, saw a 101 per cent increase in computer hardware and peripherals (38 per cent stake in the region) in India’s IT exports, which has doubled from $ 0.7 billion to $ 1.4 billion. The main destination for electronic goods was the United Arab Emirates (UAE), America, Netherlands, Britain and Italy. Export of engineering goods increased by 6.74 per cent to $ 116.67 billion on an annual basis. The export of drugs and drugs increased by 9.4 per cent to $ 30.47 billion, while the export of agriculture and allied sectors increased by 7.36 per cent to $ 51.86 billion. Where to go to engineering goods, the main export destinations for engineering goods of India have been America, UAE, Saudi Arabia, Britain and Germany. Exports in the region from $ 73-83 billion from the financial year 2014-15 to 2020-21. It had increased to $ 112.2 billion in 2021-22 and has been over US $ 100 billion since then. Recent figures are telling that India’s medicines and medicines are now reaching more than 200 countries. Its exports are increasing continuously since 2014-15. What items of farming included Indian exports recorded a healthy growth in spices, coffee, tea, tobacco, rice, fruits and vegetables and marine products from the agricultural sector. In 2023-24, the export of spices in $ 4.25 billion to 2024-25 rose slightly to $ 4.45 billion. Its major export destinations include China, America, UAE, Bangladesh and Thailand. In these countries, products like chilli, cumin, turmeric and ginger were the most exported. India’s coffee exports also increased coffee exports from $ 1.29 billion to $ 1.81 billion in 2023-24. India is the seventh largest coffee producing country in the world that exports them to Italy, Russia, Germany, UAE, Belgium and America. Robusta coffee is mainly exported to these countries. Similarly, tobacco exports in 2024–25 stood at $ 1.98 billion, which was $ 1.45 billion in 2023-24. India is the second largest tobacco producer, the major export destinations of which include UAE, Belgium, Indonesia, Egypt, America and Turki. Rice exports are also increasing Rice exports of India to reach a record high of $ 12.5 billion in 2024-25, which was $ 10.4 billion in 2023-24. With this, India will maintain its position as top global exporter with about 40 percent market share. Its major destinations included Saudi Arabia, Iran, Iraq, UAE, America and Yemen. Exports of fruits and vegetables increased from $ 3.7 billion to $ 3.9 billion in 2023-24. India exported grapes, pomegranate, mango, bananas, oranges, onions, potatoes, tomatoes, mixed vegetables and green chillies under two categories. These exports were the highest in Bangladesh, United Arab Emirates, Netherlands, Nepal and Malaysia. In the financial year 2024-25, the export of marine products stood at $ 7.2 billion. Currently, 130 countries of the world ask for sea products from India.

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